Dorman Inventory vs Total Assets Analysis

DORM Stock

USD 91.10 0.88 0.96%

Dorman Products financial indicator trend analysis is much more than just examining Dorman Products latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dorman Products is a good investment. Please check the relationship between Dorman Products Inventory and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorman Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.

Inventory vs Total Assets

Inventory vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dorman Products Inventory account and Total Assets. At this time, the significance of the direction appears to have totally related.

The correlation between Dorman Products' Inventory and Total Assets is 0.99. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Assets in the same time period over historical financial statements of Dorman Products, assuming nothing else is changed. The correlation between historical values of Dorman Products' Inventory and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Dorman Products are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Inventory i.e., Dorman Products' Inventory and Total Assets go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Inventory

Total Assets

Total assets refers to the total amount of Dorman Products assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Dorman Products books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Dorman Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dorman Products current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorman Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.At this time, Dorman Products' Selling General Administrative is very stable compared to the past year. As of the 22nd of May 2024, Tax Provision is likely to grow to about 33.4 M, while Enterprise Value Over EBITDA is likely to drop 8.02.

	2021	2022	2023	2024 (projected)
Gross Profit	462.9M	564.5M	685.4M	719.7M
Total Revenue	1.3B	1.7B	1.9B	2.0B

Gross Profit Total Revenue

Dorman Products fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Non Currrent Assets Other	Cash	Cash And Short Term Investments	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.92	0.94	0.95	0.95	0.99	0.89	0.95	0.98	0.92	-0.6	0.9	0.99	0.61	0.06	0.97	0.9	0.98	0.81	0.97	0.85	-0.02	-0.02	0.92	0.15	0.12
Short Long Term Debt Total	0.92		0.82	0.87	0.78	0.92	0.99	0.77	0.97	0.71	-0.36	0.98	0.94	0.73	-0.01	0.98	0.88	0.84	0.84	0.83	0.66	-0.27	-0.27	0.99	0.0	-0.06
Other Current Liab	0.94	0.82		0.97	0.89	0.92	0.79	0.89	0.89	0.92	-0.6	0.77	0.92	0.5	-0.09	0.92	0.78	0.95	0.81	0.93	0.81	0.06	0.06	0.84	0.06	0.04
Total Current Liabilities	0.95	0.87	0.97		0.87	0.92	0.85	0.87	0.92	0.88	-0.6	0.8	0.96	0.54	-0.03	0.95	0.77	0.94	0.93	0.95	0.83	-0.04	-0.04	0.9	0.08	0.07
Total Stockholder Equity	0.95	0.78	0.89	0.87		0.96	0.72	1.0	0.89	0.98	-0.71	0.76	0.92	0.47	0.17	0.86	0.84	0.98	0.67	0.97	0.9	0.17	0.17	0.77	0.3	0.29
Property Plant And Equipment Net	0.99	0.92	0.92	0.92	0.96		0.88	0.95	0.98	0.92	-0.58	0.9	0.98	0.62	0.1	0.96	0.92	0.97	0.78	0.95	0.84	-0.02	-0.02	0.92	0.18	0.15
Net Debt	0.89	0.99	0.79	0.85	0.72	0.88		0.71	0.95	0.65	-0.3	0.97	0.91	0.74	-0.1	0.96	0.87	0.79	0.83	0.79	0.6	-0.39	-0.38	0.99	-0.07	-0.14
Retained Earnings	0.95	0.77	0.89	0.87	1.0	0.95	0.71		0.89	0.98	-0.71	0.75	0.92	0.45	0.17	0.86	0.84	0.98	0.67	0.97	0.91	0.18	0.18	0.76	0.3	0.3
Non Current Assets Total	0.98	0.97	0.89	0.92	0.89	0.98	0.95	0.89		0.84	-0.48	0.96	0.98	0.66	0.01	0.99	0.93	0.93	0.82	0.92	0.78	-0.16	-0.16	0.97	0.06	0.01
Net Receivables	0.92	0.71	0.92	0.88	0.98	0.92	0.65	0.98	0.84		-0.71	0.68	0.88	0.41	0.07	0.82	0.79	0.97	0.65	0.95	0.88	0.21	0.21	0.72	0.26	0.26
Common Stock Shares Outstanding	-0.6	-0.36	-0.6	-0.6	-0.71	-0.58	-0.3	-0.71	-0.48	-0.71		-0.3	-0.6	-0.14	-0.26	-0.48	-0.31	-0.69	-0.48	-0.69	-0.77	-0.39	-0.39	-0.34	-0.48	-0.52
Non Current Liabilities Total	0.9	0.98	0.77	0.8	0.76	0.9	0.97	0.75	0.96	0.68	-0.3		0.9	0.75	-0.03	0.95	0.91	0.81	0.72	0.78	0.6	-0.27	-0.27	0.96	-0.01	-0.09
Inventory	0.99	0.94	0.92	0.96	0.92	0.98	0.91	0.92	0.98	0.88	-0.6	0.9		0.64	0.04	0.98	0.86	0.96	0.87	0.96	0.84	-0.1	-0.09	0.94	0.16	0.13
Other Current Assets	0.61	0.73	0.5	0.54	0.47	0.62	0.74	0.45	0.66	0.41	-0.14	0.75	0.64		-0.01	0.68	0.62	0.54	0.54	0.5	0.2	-0.38	-0.38	0.72	0.21	0.12
Other Stockholder Equity	0.06	-0.01	-0.09	-0.03	0.17	0.1	-0.1	0.17	0.01	0.07	-0.26	-0.03	0.04	-0.01		-0.03	0.03	0.1	-0.03	0.1	0.14	0.47	0.47	-0.05	0.61	0.65
Total Liab	0.97	0.98	0.92	0.95	0.86	0.96	0.96	0.86	0.99	0.82	-0.48	0.95	0.98	0.68	-0.03		0.88	0.92	0.87	0.91	0.76	-0.16	-0.16	0.98	0.03	-0.01
Property Plant And Equipment Gross	0.9	0.88	0.78	0.77	0.84	0.92	0.87	0.84	0.93	0.79	-0.31	0.91	0.86	0.62	0.03	0.88		0.83	0.61	0.82	0.64	-0.19	-0.19	0.89	0.07	-0.01
Total Current Assets	0.98	0.84	0.95	0.94	0.98	0.97	0.79	0.98	0.93	0.97	-0.69	0.81	0.96	0.54	0.1	0.92	0.83		0.78	0.98	0.89	0.12	0.13	0.84	0.24	0.23
Short Term Debt	0.81	0.84	0.81	0.93	0.67	0.78	0.83	0.67	0.82	0.65	-0.48	0.72	0.87	0.54	-0.03	0.87	0.61	0.78		0.82	0.7	-0.21	-0.21	0.86	-0.01	-0.01
Accounts Payable	0.97	0.83	0.93	0.95	0.97	0.95	0.79	0.97	0.92	0.95	-0.69	0.78	0.96	0.5	0.1	0.91	0.82	0.98	0.82		0.91	0.06	0.06	0.84	0.24	0.23
Non Currrent Assets Other	0.85	0.66	0.81	0.83	0.9	0.84	0.6	0.91	0.78	0.88	-0.77	0.6	0.84	0.2	0.14	0.76	0.64	0.89	0.7	0.91		0.22	0.22	0.65	0.19	0.25
Cash	-0.02	-0.27	0.06	-0.04	0.17	-0.02	-0.39	0.18	-0.16	0.21	-0.39	-0.27	-0.1	-0.38	0.47	-0.16	-0.19	0.12	-0.21	0.06	0.22		1.0	-0.32	0.33	0.42
Cash And Short Term Investments	-0.02	-0.27	0.06	-0.04	0.17	-0.02	-0.38	0.18	-0.16	0.21	-0.39	-0.27	-0.09	-0.38	0.47	-0.16	-0.19	0.13	-0.21	0.06	0.22	1.0		-0.32	0.33	0.42
Intangible Assets	0.92	0.99	0.84	0.9	0.77	0.92	0.99	0.76	0.97	0.72	-0.34	0.96	0.94	0.72	-0.05	0.98	0.89	0.84	0.86	0.84	0.65	-0.32	-0.32		-0.03	-0.1
Common Stock Total Equity	0.15	0.0	0.06	0.08	0.3	0.18	-0.07	0.3	0.06	0.26	-0.48	-0.01	0.16	0.21	0.61	0.03	0.07	0.24	-0.01	0.24	0.19	0.33	0.33	-0.03		0.98
Common Stock	0.12	-0.06	0.04	0.07	0.29	0.15	-0.14	0.3	0.01	0.26	-0.52	-0.09	0.13	0.12	0.65	-0.01	-0.01	0.23	-0.01	0.23	0.25	0.42	0.42	-0.1	0.98

Click cells to compare fundamentals

Dorman Products Account Relationship Matchups

Dorman Products fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.0B	1.2B	1.7B	2.3B	2.3B	2.4B
Other Current Liab	130.1M	204.8M	248.3M	246.6M	245.2M	257.4M
Total Current Liabilities	220.5M	322.6M	665.0M	678.3M	547.2M	574.5M
Total Stockholder Equity	773.6M	853.6M	932.7M	1.0B	1.2B	1.2B
Property Plant And Equipment Net	134.0M	130.0M	173.9M	258.5M	263.6M	276.8M
Net Debt	(38.6M)	(118.5M)	233.0M	786.5M	647.0M	679.3M
Retained Earnings	720.7M	789.2M	856.4M	956.9M	1.1B	1.1B
Non Current Assets Total	286.5M	297.7M	596.5M	1.1B	1.1B	1.1B
Net Receivables	391.8M	460.9M	472.8M	427.4M	526.9M	553.2M
Common Stock Shares Outstanding	32.7M	32.4M	32.0M	31.5M	31.5M	37.2M
Liabilities And Stockholders Equity	1.0B	1.2B	1.7B	2.3B	2.3B	2.4B
Non Current Liabilities Total	47.0M	44.5M	75.3M	620.9M	577.1M	605.9M
Inventory	280.8M	298.7M	532.0M	755.9M	637.4M	669.2M
Other Current Assets	13.6M	7.8M	13.0M	39.8M	32.7M	34.3M
Other Stockholder Equity	52.6M	64.1M	77.5M	88.8M	101.0M	56.9M
Total Liab	267.5M	367.1M	740.4M	1.3B	1.1B	1.2B
Property Plant And Equipment Gross	134.0M	91.0M	173.9M	258.5M	504.2M	529.4M
Total Current Assets	754.6M	922.9M	1.1B	1.3B	1.2B	1.3B
Accounts Payable	90.4M	117.9M	177.4M	179.8M	176.7M	185.5M
Non Currrent Assets Other	33.0M	30.5M	46.5M	48.8M	38.9M	40.8M
Cash	68.4M	155.6M	58.8M	46.0M	36.8M	35.7M
Cash And Short Term Investments	68.4M	155.6M	58.8M	46.0M	36.8M	36.0M
Intangible Assets	21.3M	25.2M	178.8M	322.4M	301.6M	316.6M
Common Stock Total Equity	326K	322K	316K	314K	361.1K	250.6K
Common Stock	326K	322K	316K	314K	313K	240.1K
Good Will	74.5M	91.1M	197.3M	443.0M	443.9M	466.1M
Other Assets	37.4M	90.4M	46.5M	39.4M	45.3M	47.5M
Property Plant Equipment	134.0M	91.0M	173.9M	148.5M	170.7M	179.3M
Other Liab	17.3M	7.4M	22.9M	40.2M	46.2M	48.5M
Net Tangible Assets	677.8M	774.4M	556.6M	375.4M	431.7M	553.0M
Capital Surpluse	52.6M	64.1M	77.5M	88.8M	102.1M	57.5M
Non Current Liabilities Other	13.3M	3.6M	4.9M	28.3M	9.6M	9.8M

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When determining whether Dorman Products is a strong investment it is important to analyze Dorman Products' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dorman Products' future performance. For an informed investment choice regarding Dorman Stock, refer to the following important reports:

How To Invest In Dorman

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Is Dorman Stock a good investment?

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What is Dorman Products' Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorman Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.

You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running Dorman Products' price analysis, check to measure Dorman Products' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dorman Products is operating at the current time. Most of Dorman Products' value examination focuses on studying past and present price action to predict the probability of Dorman Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorman Products' price. Additionally, you may evaluate how the addition of Dorman Products to your portfolios can decrease your overall portfolio volatility.

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Is Dorman Products' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dorman Products. If investors know Dorman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dorman Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

4.833

Earnings Share

4.97

Revenue Per Share

61.558

Quarterly Revenue Growth

0.004

Return On Assets

0.0827

The market value of Dorman Products is measured differently than its book value, which is the value of Dorman that is recorded on the company's balance sheet. Investors also form their own opinion of Dorman Products' value that differs from its market value or its book value, called intrinsic value, which is Dorman Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dorman Products' market value can be influenced by many factors that don't directly affect Dorman Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Dorman Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dorman Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dorman Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Dorman Inventory vs Total Assets Analysis

Inventory vs Total Assets

Inventory vs Total Assets Correlation Analysis

Correlation Coefficient

Inventory

Total Assets

Dorman Products fundamental ratios Correlations

Dorman Products Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dorman Products fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Inventory	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Intangible Assets	+ 0.99	Short Long Term Debt Total

Non Currrent Assets Other	- 0.77	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.71	Net Receivables
Common Stock Shares Outstanding	- 0.71	Retained Earnings
Common Stock Shares Outstanding	- 0.71	Total Stockholder Equity
Accounts Payable	- 0.69	Common Stock Shares Outstanding
Total Current Assets	- 0.69	Common Stock Shares Outstanding